Regressive Bias
A cognitive bias where individuals overestimate the likelihood of extreme events regressing to the mean.
61 topics found for
“risk mitigation”
Value Risk
The risk that the product being developed will not deliver sufficient value to the users, meaning it won't meet their needs or solve their problems.
KYC
Know Your Customer (KYC) is a process used by businesses to verify the identity of their clients and assess potential risks of illegal intentions for the business relationship.
Compliance
Adhering to laws, regulations, and guidelines relevant to business operations and product development.
Feature Flag
A technique used in software development to enable or disable features in a production environment without deploying new code, allowing for controlled feature rollouts.
Market Validation
The process of determining whether there is a need or demand for a product in the target market, often through testing and feedback.
Hofstadter’s Law
A principle that states tasks always take longer than expected, even when considering Hofstadter's Law itself.
Ethical AI Frameworks
Guidelines and principles designed to ensure that AI systems are developed and used in a manner that is ethical and responsible.
Extension Neglect
A cognitive bias where people ignore the relevance of sample size in making judgments, often leading to erroneous conclusions.